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It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement.

We do not currently own any properties. National socioeconomic conditions indicate affordability pressures remain near record levels, suggesting that homeownership remains out of reach for many. The most common actions taken by participants include the installation of efficient fixtures with occupancy sensors, xeriscaping and drip irrigation. Investment results shown represent historical performance and do not guarantee future results. PPP money is in order for it to be forgiven, has to be used largely for retaining employees. Some of our projects will be traditional real estate transactions.

As deferred offering

Leads generated by local Real Estate agents. Our performance is linked to economic conditions in the regions where our properties will be located and in the market for multifamily space generally. Vintage year reflects year of first capital call.

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The Fund is focused towards particular industries or investment themes and may be heavily impacted by factors such as changes in government regulation, increased price competition, technological advancements and other adverse events.

Apollo Commercial Real Estate Finance, Inc.

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Principal Funds Distributor, Inc.

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Participating Common Shares outstanding. Retail perspective is rising costs of them to report gives an asset composition meets certain jurisdictions to real estate fund quarterly report are in. In the event that the Company enters into an agreement with a licensed broker dealer, this Offering and Use of Proceeds table will be amended accordingly. Investor real estate reports should clearly state net returns, not only gross returns. Our offering price is arbitrary and does not reflect the book value of our Class A Interests. Corporate Private Equity appreciation was updated to include Core Private Equity appreciation. Sharpe Ratio uses standard deviation and excess return to determine reward per unit of risk. Actual results may differ materially from those expressed in these forward looking statements. This overview can yield some lessons for policy makers and investors. Our Offering Price is arbitrary with no relation to value of the company. ODCE Index are on a gross basis for both Fund and ODCE performance. Please wait while the data is being prepared for download.

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